May 6 2009

Fortune Hi Tech Marketing Review- Is FHTM a Pyramid Scam?

What is Fortune Hi Tech Marketing INC. About?

In this review article we try to find out if FHTM is a scam or a legit business.

It was created by a gentleman named Paul Orberson from Lexington, Kentucky.

Fortune High Tech Marketing (AKA) FHTM is a company connecting products and services to representatives who can help sell them. The website claims you can become FHTM business owners no matter what your background, helping you to earn a living for yourself with there innovative compensation plan.

The website looks professional but is hard to navigate to find the necessary information. A link with take you to the Fortune Hi Tech Marketing ‘University’ from which you can sign up as a representative of their products, though they do not state how much a membership is going to cost upfront. After a detailed look it appears that the cost is $249 to join Fortune Hi Tech Marketing.

Is Fortune Hi Tech Marketing A Scam?

The Fortune Hi Tech Marketing system is a multi level marketing plan, also known as MLM or network marketing. Many MLM schemes online have been criticized due to the fact that they effectively become pyramid schemes, where only those at the top make money leaving those at the bottom to provide them with their money, unable to make any money themselves.

These problems and complaints are not uncommon in any MLM type business.

However, not all MLM programs are pyramid schemes. Pyramid schemes are illegal in the US and the Federal Trade Commission emphasizes the fact that these programs are legal if the main aim is to sell products rather than recruit members.

Taking a look at the Fortune Hi Tech Marketing website there are a number of products available for you to promote. This means, in this case, that this MLM program is legal and could therefore have the potential of bringing your profits.

However, through further investigations it is clear that many users have essentially experienced the bad effects of a ‘pyramid’ scheme. While they technically have products to sell, the real money from Fortune Hi Tech Marketing comes in recruiting members and earning money from what they sell. Therefore those at the bottom are not getting much out of their investment.

Can You Make Money From It?

Products range from magazines to services, to communications and health and beauty. This means that users have a great choice on what they want to sell, according to where their skills and interest lie.

However, based on reviews it appears that most of the money is made through referring members who pay the $249 fee, and it becomes a lot harder to make money unless you build up a large down line. The bottom line, this appears to be a program that will only help a few at the top make real money.

As with any program do your research and make an informed decision that is best for you and your family.

Until next time,

Charles & Susan

click-here-to-see

Share and Enjoy:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • Furl
  • Live
  • Propeller
  • StumbleUpon
  • Technorati
  • TwitThis
  • YahooMyWeb
  • Print this article!




Related Posts

  1. Monavie Review Miracle Health Drink or Pyramid Scam?
  2. Spider Web Marketing System Review – Free System or Online Scam?
  3. Six Figure Yearly Review – Scam or Bargain at $69.97?
  4. Instant Money Toolkit Review – Free Toolkit or Instant Scam?
  5. Infinite Income Plan Review-Scam By Darren Salkeld?

9 Comments on this post

Trackbacks

  1. Dan Roark said:

    Hi,

    I just wanted to say, your assessment of FHTM is a little off. I have only been involved with the company for 2 years, but since my second month in the company have had Coma Checks, my first five figure check being less than 9 months into the company. I have earned a Lexus Car that is being paid for by the company. I have seen MANY lives changed in my downline organization. A company that puts the majority of its compensation plan at the first promotion alone hardly sounds like one that is focused on ALL those at the Top! I have done 4 different MLM companies and this is the only one that has actually paid worth a flip. Paul set a cap to where over 90% of the revenue goes to the Compensation plan.

    Like all opportunities, one must at least do a little work. No money is ever paid out on any rep until that rep sells at least 3 services themselves. Funny, people say its one of those business to where only the people at the top make the money. Well yeah, GET TO THE TOP! Is there a business where that is not that case. Last I checked, the Wal-Mart Managers make more than the greeters. The CEO makes more than the Managers. This is a business to where you do the work you promote yourself. I already make more than most of the people above me just because I have a little work ethic.

    Thanks

    June 10th, 2009 at 10:35 am
  2. Canada Rep said:

    Once I kept doing more research on the company FHTM and its owner Paul Orbason, I found out that Mr. Orboson is making a lot of money from this company (unlike what they say in the presentation about him not making money). The reason is that several of the companies that FHTM markets for are owned by Mr. Orboson himself or he has stocks or shares involved in those companies.

    I also know that 80% of all Reps quit. If *I* owned the company, I’d see that as a problem – and fix it. most of the people I know that have joined FHTM have worked their REARS off, and don’t just sit around and expect it to come to them. Again, they entice you – make it look easy, and then they say they don’t want to hear “whining”. Is this “helping people”??

    Also, the My parents are FHTM Reps, and they found out these brutal facts the hard way:
    Dish Network – charges FHTM Reps $103 per month; but if you’re a “regular Joe” off the street, you get that same package for $54, and there’s a sale on now for $30 for the 1st year.

    AT&T Internet – it costs $5 MORE per month, and FHTM won’t help you. If you go through AT&T directly, your service is 2x faster and AT&T will provide service. If you are an FHTM Rep, they say “Talk to your up-line”.

    Fon-Vantage – it’s $11 per month cheaper (yeaaah!), but there’s a $93 start-up charge. this charge is not charged with Cox or the competition.

    My point is – the income generated for the up-line is paid for by the down-line. This is helping the UP-LINE, not the starters. If this truly *was* about “helping people”, they would give everyone EQUAL. Also, the false advertising about the $125 for Managers (It’s $100) and the 60 Lexuses that have been given away (it’s less than 30 – the remaining 30+ have been bought by Reps – not by the company) – not to mention the hidden small-print that the Lexus lease WILL BE ON YOU if you do not DOUBLE from that point.

    So, let’s sum it up – you pay MORE … and in most cases, get LESS. HOW is that *helping* people?? Ad if this is the “financial vehicle” , then how CAN it be when most Reps quit? And 66% of EXECUTIVES quit??!!!!

    In closing, I know that Orboson worked at Excel. It as an AWEFUL company. HE worked there for 6 years, and it caused his divorce. How is THAT a God-like example? Integrity?? Does God suddenly condone divorce?? Or not having integrity??

    THINK, people!!

    August 28th, 2009 at 2:31 am
  3. almos ESM said:

    Mrs Canada quit whining and get to the top this the greatest Company on the planet period. FHTM ROCKS you just don’t want it bad enough help others get to the top and everything will work its self out stop thinking just about you.

    RSM
    San Antonio, TX

    August 31st, 2009 at 12:14 pm
  4. Canada Rep said:

    That’s what they *all* say – to quit whining. Here’s a web site where a San Antonio Rep has been taken by her FHTM up-line:
    http://www.topix.com/forum/city/west-plains-mo/TTOE5FK21KVU9EG25/p83#lastPost

    And you’re *right* – I don’t want it badly enough – I HAVE my Porsche and 2 other vehicles – and my home – paid in full – from my *other* business, not FHTM. I’ve lived in the large California home and driven it 200 on the highway. I now understand my Kung Fu instructor: People are too wrapped-up in “things”, and not meaning.

    I wish you the best… but another post:
    http://chrishoyt.com/general/fhtm-their-personal-web-page-or-pwp/

    Feel free to argue with them all – many have achieved Executive, and have worked it hard for 2+ years. Have fun! Me? I’ll go back to our partycentral.makesparties FREE web page, and I’ll keep making those nice cheques.
    ¡Adios!
    :-)

    September 2nd, 2009 at 1:59 am
  5. Charles & Susan said:

    Hi Everyone,

    Thanks for leaving your comments.
    Lots of opinions one way or the other on this program.

    All we can say if it is working for you and you
    feel good about it keep on doing what you are doing.

    It is just not for us.

    Thanks,
    Charles & Susan Truett

    September 8th, 2009 at 2:47 pm
  6. Kenny said:

    Somebody please e-mail me at krbr1226@yahoo.com and tell me how to make good money in fhtm

    October 9th, 2009 at 2:38 pm
  7. tj said:

    Kenny,

    Has anyone emailed you regarding FHTM? I didn’t want to email if you’d already been contacted…there is good money to be made…it’s all being made off bills, nothings made off the people that are joining…this post wasn’t placed to get an argument going, I was just curious if Kenny had received a response yet, that’s all! You can email me at tandjjohnson@yahoo.com for more information if you’d like.

    December 8th, 2009 at 11:32 pm
  8. McDonnell said:

    I would like to say thanks to the fraudulent activity by FHTM reps, the company has been ordered to stop doing business in North Dakota. A cease and desist order was issued by the Attorney General for an assortment of violations. For more information about FHTM C&D in N.D., Google Fortune Hi-Tech Marketing cease & desist and you can review the court order or click on my name.

    In addition to the troubles, has anyone reviewed direct selling news website? FHTM ranks number 60 out of 69 company’s listed in Sept of 09. Annual revenue shows FHTM at 100 million and they have 85 thousand reps. Now here is the problem. Most FHTM reps are asked to sign up on 3 services right when they enroll. Usually a replicated web template that cost $25 a month (1pt), and a replicated travel site (free with Travelocity) that cost $50 a month (2pts). This generates a quick pay-out up the pyramid. One rep pays $75 a month on replicated web templates. Everyone that enrolls has never used it before, why now. Basically they are useless. Annually, 85 thousand reps pay $76 million on replicated web templates. However the average FHTM rep spend about $150 a month on their own services and products. Get the picture how the revenue is generated. It’s what got YTB in trouble, NO END-CONSUMERS. Basically you become your own customer in order to profit in the FHTM pay plan.

    January 8th, 2010 at 12:24 pm
  9. don martinez said:

    i was approached by FHTM today and lucky for me I’ve feel for the Amway scam way back and between that and the rainbow assholes I had my guard up. When the tag team partner showed up I knew what time it was and I refused to give in.

    300 sign-up then bring in 3 friends that will hate you later for 300.00 each to get your 300.00 back. 60.00 month for website that is a clone template. pushy amway tactics and meetings. lets get excited and make money together. I’ve heard that song and dance before. meetings that make trainers and reps money.

    I have a feeling I wont be seeing them again no time soon.

    If you make good money off it good for you but I’ll just work hard for my money and pass thank you. Good luck with your leased Lexus. Im smart enough to read enough reviews and ask people where it took them I suggest you do yourself a favor and do the same.

    heres some others that you might have seen on tv.

    1. carlton sheets(buy my cds)
    2. crazy govt money dude wit hall the ??? on his coat ( buy my book)
    3. monavie (drink expensive drinks in a fancy bottle with a great story video)
    4. don laprie ( place ads and make money lol, but oh ya buy my cds)
    5. amway (sell/buy no name soaps, etc, and come to meetings for 20-60.00)

    February 20th, 2010 at 12:58 am

LEAVE A COMMENT

Subscribe Form

Subscribe to Blog